Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: expat_panama

“but it does cost money to store”

How much storage do you need? Thirty pounds of gold coins can fit in a small case and has half a million USD value at today’s gold prices.

Perhaps the author means the cost to protect and insure the gold which may not have much value in an apocalyptic scenario anyway.


15 posted on 07/27/2015 5:05:21 AM PDT by unlearner (RIP America, 7/4/1776 - 6/26/2015, "Only God can judge us now." - Claus Von Stauffenberg / Valkyrie)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: unlearner
the cost to protect and insure the gold

Those that stash under the mattress will also have to pay for certifying the gold at time of resale. Another thing for independant owners is the high buy/sell price.  Other investments --say, stocks-- we're talking a percent or so (including commissions) but it's many times that for gold.

21 posted on 07/27/2015 5:29:48 AM PDT by expat_panama
[ Post Reply | Private Reply | To 15 | View Replies ]

To: unlearner
Would you trust purchasing a gold bar from Hillary that she stored at her house?
60 posted on 07/27/2015 7:59:37 AM PDT by Domangart
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson